Stock Analysis on Net
Stock Analysis on Net

Norfolk Southern Corp. (NYSE:NSC)

This company has been moved to the archive! The financial data has not been updated since April 27, 2022.

Common-Size Income Statement

Norfolk Southern Corp., common-size consolidated income statement

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12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Railway operating revenues 100.00 100.00 100.00 100.00 100.00
Purchased services and rents -15.49 -17.23 -15.27 -15.10 -13.40
Fuel -7.17 -5.47 -8.44 -9.49 -7.96
Cost of railway operating revenues -22.66% -22.70% -23.71% -24.59% -21.36%
Gross profit 77.34% 77.30% 76.29% 75.41% 78.64%
Compensation and benefits -21.92 -24.24 -24.35 -25.53 -27.63
Depreciation -10.60 -11.79 -10.07 -9.62 -10.00
Materials and other -4.91 -6.67 -6.55 -5.72 -7.02
Loss on asset disposal 0.00 -3.93 0.00 0.00 0.00
Income from railway operations 39.91% 30.67% 35.31% 34.55% 33.99%
Pension and other postretirement benefits 0.92 0.93 0.56 0.53 0.00
COLI, net 0.15 0.87 0.61 -0.09 0.31
Other -0.38 -0.23 -0.23 0.14 0.56
Other income, net 0.69% 1.56% 0.94% 0.58% 0.87%
Interest expense on debt -5.80 -6.38 -5.35 -4.86 -5.21
Income before income taxes 34.81% 25.85% 30.90% 30.28% 29.65%
Income taxes -7.84 -5.28 -6.81 -7.01 21.57
Net income 26.97% 20.56% 24.10% 23.27% 51.22%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Income statement item Description The company
Income from railway operations The net result for the period of deducting operating expenses from operating revenues. Norfolk Southern Corp. income from railway operations as a percentage of railway operating revenues decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Norfolk Southern Corp. income before income taxes as a percentage of railway operating revenues decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Norfolk Southern Corp. net income as a percentage of railway operating revenues decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.